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Clone of Balance Group Responsible Party

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Registration as a Balance Group Responsible Party (BGRP)

Balance Group Responsible Parties (BGRP) have to apply for CEGH membership via the online platform of the Market Area Manager (MAM) AGGM (Austrian Gas Grid Management) and need to be passive member at PEGAS (to enable the Market Area Manger to balance the BGRP on the PEGAS CEGH Within-Day Market for balancing energy).

Every BGRP is requested to either provide CEGH a cash-deposit or to issue a bank guarantee in CEGH´s favour, amounting to EUR 40,000.- and having a minimum term of twelve (12) months.

Please note that for BGRP pursuant the Austrian Gas Act § 93 Art. 1 no. 5 a requirement to deposit a security amounting to EUR 50,000.- applies. Companies with a valid contractual relationship with Austrian Gas Clearing and Settlement AG (AGCS) cover this requirement by their bank guarantee with AGCS.

All other companies may fulfill this requirement by providing CEGH a security with the increased amount of EUR 50,000.-

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